Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-notice-response-after-itr-filing-485913-2025-07-23 Receiving an income tax notice after filing your ITR can be unsettling—but it doesn’t always signal trouble. With digitisation of tax data, even
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*Missed this new July 23 tax rule? You might overpay capital gains on your ITR 2025 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/missed-this-new-july-23-tax-rule-you-might-overpay-capital-gains-on-your-itr-2025-485811-2025-07-23 Gold, debt, and other capital assets see their holding period for LTCG classification drop from 3 years to 2, with a unified 12.5%
*Perplexity in talks with phone makers to preload Comet browser on devices | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/perplexity-in-talks-with-phone-makers-to-preload-comet-browser-on-devices-125072100215_1.html Perplexity is in between discussions with phone makers to ship smartphones with its new Comet browser as a pre-installed application By – Akash
*Sold property to save tax? This “safe” move could silently wipe out ₹9.6 lakh in returns – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/sold-property-to-save-tax-this-safe-move-could-silently-wipe-out-rs96-lakh-in-returns-485355-2025-07-19 If your only goal is to save every rupee in tax, 54EC bonds do their job. But for investors with time and the
*AI flags font flaw, helps Income Tax dept bust capital gains fraud – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/ai-flags-font-flaw-helps-income-tax-dept-bust-rs-68-lakh-capital-gains-fraud-3918174/ The case centres on a Hyderabad-based taxpayer who sold an immovable property for Rs 1.4 crore, but dramatically slashed his tax liability using
1*Income Tax Returns AY2025-26: Key Documents Required to File ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-returns-ay2025-26-key-documents-required-to-file-itr-3813320/ It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be
1*E-verification of ITR: Here is how to complete your tax filing process | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/e-verification-of-itr-here-is-how-to-complete-your-tax-filing-process-125071700607_1.html You must e-verify your ITR within 30 days of filing to complete the process. Here’s how to do it easily using Aadhaar OTP,
1*Income Tax Guide FY 2025-26: Step by step Tax Filing, ITR Forms, Income Tax Explainers, Income Tax news, Tax FAQs & Calculator | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-guide/ Income Tax Return 2025: What is ITR filing due date for AY 2025-26? This extension will provide more time due to significant revisions
*What you should know about this emerging digital gateway for relaxed tax filing and compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-you-should-know-about-this-emerging-digital-gateway-for-relaxed-tax-filing-and-compliance/articleshow/122570810.cms At a time when tax compliance is associated with anxiety, delays, and unending paperwork s fixmytax seems to have emerged as a breath
*ITR myths that can cost you big: Don’t fall for TDS, gift or crypto loophole traps – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-myths-that-can-cost-you-big-dont-fall-for-tds-gift-or-crypto-loophole-traps-484669-2025-07-15 As ITR filing for FY 2024–25 gathers momentum, a large number of taxpayers—ranging from salaried professionals and gig workers to small business owners—are
*Income Tax Dept cracks down on fake ITR refunds: Bogus deductions, exemptions under scanner – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-dept-cracks-down-on-fake-itr-refunds-bogus-deductions-exemptions-under-scanner-3914191/ To identify such irregularities, the tax department has leveraged technology tools, including data analytics, third-party sources, conduct intelligence and advanced artificial intelligence tools.
*40,000 taxpayers withdrew Rs 1,045-crore bogus ITR claims after income tax crackdown intensifies – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/action-against-tax-evaders-40000-taxpayers-withdraw-rs-1045-crore-bogus-itr-claims-after-income-tax-crackdown-3914716/ The Income Tax Department has initiated a major action against individuals who obtained tax refunds through false tax deductions and exemptions across the country. The
*Income Tax crackdown: Employees of MNCs, PSUs and govt depts under scrutiny for fake deduction claims – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/employees-of-mncs-psus-and-govt-depts-under-scrutiny-for-fake-deduction-claims-inflated-refunds-3914816/ In a major nationwide crackdown, the Income Tax Department has turned its attention to employees of multinational companies (MNCs), public sector undertakings (PSUs), and even
*’More money, less discipline?’ CoinSwitch co founder warns hidden trap of India’s new tax regime – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/more-money-less-discipline-coinswitch-co-founder-warns-hidden-trap-of-indias-new-tax-regime-484422-2025-07-13 He argues that India’s low digital tax participation is a blind spot, despite advancements making the system smarter. Yet, convenience hasn’t kept pace.
*Report capital gains in your ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-report-capital-gains-in-your-itr-3911357/ Misreporting can attract penalties By Sreenivasulu Reddy Over the last decade, the Indian mutual fund industry has experienced significant growth. While many individuals
*सीएच्या मदतीशिवाय तुम्ही स्वत: भरा आयकर रिटर्न; तुम्हाला कोणीही सांगणार नाही यापेक्षा सोपी पद्धत | Maharashtra Times
lipped from: https://marathi.indiatimes.com/business/business-news/itr-filing-2025-how-to-file-income-tax-return-online-simple-step-by-step-guide-for-salaried-taxpayers/articleshow/122377849.cms How to file Income Tax Return : आयटीआर दाखल करण्यास घाबरण्याची गरज नाही. इन्कम टॅक्स रिटर्न फायलिंगची प्रक्रिया आता सोपी झाली असून या
*Income Tax department releases ITR-2, ITR-3 excel utilities for AY26 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/income-tax-dept-releases-itr-2-itr-3-excel-utilities-for-ay-2025-26-125071101157_1.html This enhanced integration aims to simplify compliance for taxpayers and reduce errors in return filing This enhanced integration aims to simplify compliance for
*Report exact transfer date of assets in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/report-exact-transfer-date-of-assets-in-itr-3911368/ Tally details with AIS, TIS & Form 26AS Report exact transfer date of assets in ITR. The income tax returns (ITR) forms for AY 2025-26
*Tax refund blues: Delays worry filers as ITR season picks pace; key tips to track refunds
Clipped from: https://www.businesstoday.in/personal-finance/tax/photo/tax-refund-blues-delays-worry-filers-as-itr-season-picks-pace-key-tips-to-track-refunds-484287-2025-07-11 The ITR filing season for AY 2025-26 is finally in full swing, but taxpayers are battling delays in getting refunds. With the launch
*New I-T bill not to have provisos; may come up in Cabinet on Friday | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/new-i-t-bill-not-to-have-provisos-may-come-up-in-cabinet-on-friday-125020601109_1.html The new bill, which will replace the six-decade-old Income Tax Act, is likely to be discussed at the Cabinet meeting on Friday, sources
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